Kanye’s at Cannes (Kim Kardashian in tow, naturally), and he’s not going to let the film set steal the limelight. Therapper-slash-designer is debuting his own movie (which he wrote, produced, and directed), entitled Cruel Summer, tonight at Le Palm Beach Casino. The film, described as “unlike anything West has ever attempted before,” stars comedian Aziz Ansari and Lebanese actress Razane Jammal. [Page Six]

Is there another baby Bündchen on the way? Rumors are circulating that the Brazilian beauty and her husband, Tom Brady, are expecting their second child, after various news outlets have reported that the supermodel told Givenchy designer Riccardo Tisci, who dressed Bündchen for the Met gala, that she was two months along so he could adjust the dress accordingly. If you ask us, there doesn’t seem to be any bump in sight, but then again, she’s Gisele. Stranger things have happened. [Telegraph]

The partnership between Marc Jacobs and Yayoi Kusama first started when the Japanese artist painted her defining dot motif on the Louis Vuitton Ellipse bag in 2006, and now, six years later, Kusama’s dots are going to be on LV goods worldwide. The duo is set to launch a line of clothes and accessories on July 10, just two days before a Kusama retrospective opens at the Whitney Museum in New York. [WWD]

At last, a first look at the trailer for Baz Luhrmann’s adaptation of The Great Gatsby,starring Carey Mulligan and Leonardo DiCaprio. Look out for flapper dresses and vintage clothing (many of the dresses are from Ashley Olsen’s personal collection) as well as music by Kanye West, Jay-Z, and Jack White. Oh yeah, and the chemistry between Mulligan and DiCaprio. [Grazia Daily]

Georgia May Jagger, a material girl? Madonna and her daughter Lourdes say yes. Taking over for Kelly Osbourne, the 20-year-old gapped-tooth model has been tapped as the new face of Madonna’s Material Girl fashion line, making her debut in the upcoming back-to-school campaign. [WWD]